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GNA Axles Ltd Q1 FY24; 22% rise in Profits

GNA Axles is engaged in the Business of manufactures auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market.

Financial Results:

  • GNA Axles Ltd reported Revenues for Q1FY24 of ₹374.00 Crores down from ₹375.00 Crore year on year, a fall of 0.27%.
  • Total Expenses for Q1FY24 of ₹330.00 Crores down from ₹340.00 Crores year on year, a fall of 2.94%.
  • Consolidated Net Profit of ₹33.00 Crores up 22.22% from ₹27.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹15.45, up 22.62% from ₹12.60 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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